GK Eduwrap – 10th March 2016

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National – Across the India:

1. The fourth edition of the India-Indonesia Joint Training Exercise Garuda Shakti has begun at Magelang in Indonesia.

The exercise will continue till 23rd March, 2016.

The aim of the exercise is to build and promote positive relations between the Armies of India and Indonesia and enhance their abilities to undertake joint tactical level operations in a counter insurgency environment under United Nations Charter.

This scheme will be implemented by Union Ministry of Petroleum and Natural Gas. It will be for the ministry will be implementing a welfare scheme.

The PMUY seeks to empowering women and protecting their health by shifting them from traditional cooking based on unclean cooking fuels or on fossil fuels that have serious health hazards to clean cooking gas.

Bills – New & Amendments:

1. Enemy Property (Amendment and Validation) Bill, 2016 has been passed by Lok Sabha by voice vote to make amendments to the Enemy Property Act, 1968.

The bill replaces the Enemy Property (Amendment and Validation) Ordinance, 2016 declared by President Pranab Mukherjee in January 2016.

The Enemy Property Act, 1968 provided for the continuous vesting of enemy property in the custodian. The possession of enemy properties spread across many states in the country vest with the Union Government through the Custodian of Enemy Property for India.

2. The Parliament has passed National Waterways Bill, 2015 to clear decks for the conversion of 106 rivers and creeks across India into transport waterways.

The National Waterways Bill, 2015 aims at declaring 106 additional inland waterways as National Waterways in addition to the five existing National Waterways.

It was first passed in Lok Sabha in December 2015 i.e. in the winter session and later was passed by Rajya Sabha in March 2016 i.e. in the budget session.

Memorandum of Understanding (MoU):

1. A Memorandum of Understanding (MoU) has been signed by the Reserve Bank of India (RBI) with Bank of Israel (BOI) for exchange of information pertaining to banking supervision.

It was signed by Parvathy V Sundaram, Chief General Manager-in-Charge, Department of Banking Supervision on behalf of RBI and Hedva Ber, Supervisor of banks on behalf of BOI.

With this RBI has signed 32 such MoUs, 1 Letter for Supervisory Co-operation and 1 Statement of Co-operation (SoC).

2. A Memorandum of Understanding has signed by India on conservation of birds of prey in Africa and Eurasia.

With this India becomes 56th county to sign the Raptor MoU under the Convention on Conservation of Migratory Species (CMS).

The MoU was singed Ambassador of India to the UAE Shri T.P Seetharam the Convention on Migratory Species Office in Abu Dhabi.